Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,157,718 members, 7,834,377 topics. Date: Monday, 20 May 2024 at 02:31 PM

How Much Do I Need To Register A Business Name With CAC? - Business (2) - Nairaland

Nairaland Forum / Nairaland / General / Business / How Much Do I Need To Register A Business Name With CAC? (46470 Views)

How To Register A Business In Nigeria / Step By Step Of How To Register A Company With The Corporate Affairs Commission / CAC Reviews Cost Of Business Registration, Says Now Cheaper (2) (3) (4)

(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (Reply) (Go Down)

Re: How Much Do I Need To Register A Business Name With CAC? by ndukwechinasa: 10:56am On Sep 01, 2020
Skales4ll:
Please help me out. I need to know how much I should budget for the whole process of registering a business name with CAC
Call me 07066826041.
Re: How Much Do I Need To Register A Business Name With CAC? by princeade86(m): 10:57am On Sep 01, 2020
Kobicove:


You can conclude the whole process with just under 11K if you do it yourself
11k cant do it sir. I think 30k
Re: How Much Do I Need To Register A Business Name With CAC? by hooged: 10:57am On Sep 01, 2020
What If it's limited

2 Likes

Re: How Much Do I Need To Register A Business Name With CAC? by GreenArrow1(m): 10:58am On Sep 01, 2020
Kobicove:


No you don't need to go to Abuja, you can start and complete the process yourself...just go to CAC website and register with your email address...

www.services.CAC.gov.ng

After that you submit 2 names and pay a search fee of about 700Naira

If the names are approved you can then commence the registration process.

All payments are made online

Make sure you save copies of all online receipts you receive

Items you need:
Valid means of identification

An operational email account

A passport photograph

A certificate of competence in the field of area of the type of business you want to register

Your debit card with at least 11K for making payments

You also need access to a scanner cos there is a form you will fill online then later you print it then scan and upload after you have affixed your passport photograph and appended your signature

The whole process can be completed in about 1 week assuming you do everything properly and do not get a query.

NB- When filling the forms there is a section that asks if you need extra copies of certificates and documents, leave this blank. If you request for an extra certificate your fee will be higher.

After scanning the documents you want to upload make sure you name them appropriately so the CAC official who will process your application will not have difficulty identifying them

If you are based in Lagos I will recommend that you select Alausa as your preferred point of collection for your certificate of business name registration

Clear and concise. Nice one.

6 Likes

Re: How Much Do I Need To Register A Business Name With CAC? by tendyjohn(m): 10:58am On Sep 01, 2020
Kobicove:


No you don't need to go to Abuja, you can start and complete the process yourself...just go to CAC website and register with your email address...

www.services.CAC.gov.ng

After that you submit 2 names and pay a search fee of about 700Naira

If the names are approved you can then commence the registration process.

All payments are made online

Make sure you save copies of all online receipts you receive

Items you need:
Valid means of identification

An operational email account

A passport photograph

A certificate of competence in the field of area of the type of business you want to register

Your debit card with at least 11K for making payments

You also need access to a scanner cos there is a form you will fill online then later you print it then scan and upload after you have affixed your passport photograph and appended your signature

The whole process can be completed in about 1 week assuming you do everything properly and do not get a query.

NB- When filling the forms there is a section that asks if you need extra copies of certificates and documents, leave this blank. If you request for an extra certificate your fee will be higher.

After scanning the documents you want to upload make sure you name them appropriately so the CAC official who will process your application will not have difficulty identifying them

If you are based in Lagos I will recommend that you select Alausa as your preferred point of collection for your certificate of business name registration

Thanks

1 Like

Re: How Much Do I Need To Register A Business Name With CAC? by auduadeniyi(m): 10:59am On Sep 01, 2020
with 15k i will help you
Re: How Much Do I Need To Register A Business Name With CAC? by Prince202020(m): 10:59am On Sep 01, 2020
AdamsAbubakar:


Please help out, I'm in a similar dilemma. If you are registering a business on someone's behalf, do you need your personal email and passports or the email and passports of the person whom you're registering the business for?

Please if you're registering for anyone let all the information provided be that of the person, thank you.
Re: How Much Do I Need To Register A Business Name With CAC? by esthervera(f): 11:00am On Sep 01, 2020
To make the registration easy for you,just get a lawyer,he/she will only collect 25/30k from you,including ur passport,business address,mail,phone number and three name you wish to name ur business,and they will pick 1 out of them.in less than 1month everything is ready.

2 Likes

Re: How Much Do I Need To Register A Business Name With CAC? by Nobody: 11:01am On Sep 01, 2020
Doing it urself is cheaper but long process. Find a lawyer and rest

1 Like

Re: How Much Do I Need To Register A Business Name With CAC? by sidonlook: 11:01am On Sep 01, 2020
Kobicove:




A certificate of competence in the field of area of the type of business you want to register

Where can I get this, if my business is buying and selling ?

1 Like

Re: How Much Do I Need To Register A Business Name With CAC? by superability(m): 11:04am On Sep 01, 2020
Kobicove:


No you don't need to go to Abuja, you can start and complete the process yourself...just go to CAC website and register with your email address...

www.services.CAC.gov.ng

After that you submit 2 names and pay a search fee of about 700Naira

If the names are approved you can then commence the registration process.

All payments are made online

Make sure you save copies of all online receipts you receive

Items you need:
Valid means of identification

An operational email account

A passport photograph

A certificate of competence in the field of area of the type of business you want to register

Your debit card with at least 11K for making payments

You also need access to a scanner cos there is a form you will fill online then later you print it then scan and upload after you have affixed your passport photograph and appended your signature

The whole process can be completed in about 1 week assuming you do everything properly and do not get a query.

NB- When filling the forms there is a section that asks if you need extra copies of certificates and documents, leave this blank. If you request for an extra certificate your fee will be higher.

After scanning the documents you want to upload make sure you name them appropriately so the CAC official who will process your application will not have difficulty identifying them

If you are based in Lagos I will recommend that you select Alausa as your preferred point of collection for your certificate of business name registration

I'm not the Op...
But thanks...

Please I can one get a certificate of competence... For instance, I do data retailing and other stuffs... How can I get certificate of such... Since u said one needs a certificate of competence in the area of business one is registering?

1 Like

Re: How Much Do I Need To Register A Business Name With CAC? by larrypappyy(m): 11:05am On Sep 01, 2020
Bro the new CAMA law has made it a easier to register biz now...pls study it.
Re: How Much Do I Need To Register A Business Name With CAC? by freshwaters: 11:06am On Sep 01, 2020
This is the costing and procedure for CAC Business Name Registrations..

Cost and procedure.

1. First you have to enter AV. Availability to know if the name is available. This is officially N500 but with remital charges it's N663 naira.

2. After the name is approved. You will enter all the details on the CAC Portal. This includes names of the proprietors, their addresses, email address, means of ID number, that's National ID, Driver's Licence or Voter card.


3. Upon completion of No. 3, you will have to make the official Registration payment. This is officially N10,000 but with remittal charges it's an N10,635. After payment the documents will drop for you to print.


4. You will print the documents and the partners will sign. Then you affix the signature and the Passport photos and scan.

5. Then you upload the scanned documents which are

AV. Application Document. ID Cards, Payment Receipt and AV.

6. Then you wait for the Certificate.


Caveat. While you can do this yourself, it's always wise to use a lawyer. Reason being that your application may be queried for not following the process or omitting something or one funny mistake as CAC staff so think. It's frustrating when this happens because you will end up paying more and spending more time.

Also a lawyer knows how best to couch your object so it will suit what you want to use it for and other things to make it work.

A lawyer charges for all the professionalism, and accidental issues that might arise, and all you wait is for your certificate to be delivered to you.

For more you can visit www.businesslegal.ng
Click on the WhatsApp icon to chat with an agent.

The CAC certificate of registration is delivered to you anywhere in Nigeria in a week. You also dont get to pay all, just some commitment and pay the rest upon delivery.

5 Likes

Re: How Much Do I Need To Register A Business Name With CAC? by Yeyenairaland(m): 11:06am On Sep 01, 2020
Kobicove:


In this instance you may use your email but you must affix the persons passport and he/she must also be the one to sign.

If you put your own passport and signature then it means that it's only you that can open a bank account and be the signatory for that business

Please, does it mean off the business is for 2 persons. Both of them must sign an append their photographs simultaneously
Re: How Much Do I Need To Register A Business Name With CAC? by SILVERLINES: 11:07am On Sep 01, 2020
Skales4ll:
Please help me out. I need to know how much I should budget for the whole process of registering a business name with CAC
it depends what you want and how you want to register it.

Private business enterprise
Private company litimed by shares
Public Company limited by shares.

It depends what you want
Re: How Much Do I Need To Register A Business Name With CAC? by Kobicove(m): 11:08am On Sep 01, 2020
sidonlook:


Where can I get this, if my business is buying and selling ?

A certificate of competency essentially means your educational or professional certificate...your Bsc certificate or any other certificates you have will do, just try and make sure that it is relevant to the business you want to run

3 Likes 1 Share

Re: How Much Do I Need To Register A Business Name With CAC? by Kobicove(m): 11:10am On Sep 01, 2020
superability:


I'm not the Op...
But thanks...

Please I can one get a certificate of competence... For instance, I do data retailing and other stuffs... How can I get certificate of such... Since u said one needs a certificate of competence in the area of business one is registering?

Your Bsc certificate or any other certificates you have should suffice
Re: How Much Do I Need To Register A Business Name With CAC? by Kobicove(m): 11:12am On Sep 01, 2020
Yeyenairaland:


Please, does it mean off the business is for 2 persons. Both of them must sign an append their photographs simultaneously

Ideally both of them should append their signatures and passport pics, that way the bank will always request that the two of them must jointly sign all account opening documents
Re: How Much Do I Need To Register A Business Name With CAC? by pleasureosondu(m): 11:13am On Sep 01, 2020
Kobicove:


No you don't need to go to Abuja, you can start and complete the process yourself...just go to CAC website and register with your email address...

www.services.CAC.gov.ng

After that you submit 2 names and pay a search fee of about 700Naira

If the names are approved you can then commence the registration process.

All payments are made online

Make sure you save copies of all online receipts you receive

Items you need:
Valid means of identification

An operational email account

A passport photograph

A certificate of competence in the field of area of the type of business you want to register

Your debit card with at least 11K for making payments

You also need access to a scanner cos there is a form you will fill online then later you print it then scan and upload after you have affixed your passport photograph and appended your signature

The whole process can be completed in about 1 week assuming you do everything properly and do not get a query.

NB- When filling the forms there is a section that asks if you need extra copies of certificates and documents, leave this blank. If you request for an extra certificate your fee will be higher.

After scanning the documents you want to upload make sure you name them appropriately so the CAC official who will process your application will not have difficulty identifying them

If you are based in Lagos I will recommend that you select Alausa as your preferred point of collection for your certificate of business name registration
where do i download the form and upload the docs. I already have my availability code.
Re: How Much Do I Need To Register A Business Name With CAC? by DaCharis2016: 11:14am On Sep 01, 2020
Kobicove:


No you don't need to go to Abuja, you can start and complete the process yourself...just go to CAC website and register with your email address...

www.services.CAC.gov.ng

After that you submit 2 names and pay a search fee of about 700Naira

If the names are approved you can then commence the registration process.

All payments are made online

Make sure you save copies of all online receipts you receive

Items you need:
Valid means of identification

An operational email account

A passport photograph

A certificate of competence in the field of area of the type of business you want to register

Your debit card with at least 11K for making payments

You also need access to a scanner cos there is a form you will fill online then later you print it then scan and upload after you have affixed your passport photograph and appended your signature

The whole process can be completed in about 1 week assuming you do everything properly and do not get a query.

NB- When filling the forms there is a section that asks if you need extra copies of certificates and documents, leave this blank. If you request for an extra certificate your fee will be higher.

After scanning the documents you want to upload make sure you name them appropriately so the CAC official who will process your application will not have difficulty identifying them

If you are based in Lagos I will recommend that you select Alausa as your preferred point of collection for your certificate of business name registration

I had applied and made payment for the registration since last year, haven't uploaded the filled copies yet.

Can I upload anytime and still get my certificate?
Re: How Much Do I Need To Register A Business Name With CAC? by sucess001(m): 11:16am On Sep 01, 2020
AdamsAbubakar:


Please help out, I'm in a similar dilemma. If you are registering a business on someone's behalf, do you need your personal email and passports or the email and passports of the person whom you're registering the business for?

Just get a lawyer.

i am sure lawyers can do it for you for 20-25k.

Dont complicate life for yourself.
Re: How Much Do I Need To Register A Business Name With CAC? by Nchenches: 11:17am On Sep 01, 2020
sonofthunder:
Do confirm from CAC website.


Please show the link to CAC website.
Re: How Much Do I Need To Register A Business Name With CAC? by Nobody: 11:17am On Sep 01, 2020
Skales4ll:
Please help me out. I need to know how much I should budget for the whole process of registering a business name with CAC

I did mine with just 10k plus some change
Re: How Much Do I Need To Register A Business Name With CAC? by Kobicove(m): 11:17am On Sep 01, 2020
pleasureosondu:
where do i download the form and upload the docs. I already have my availability code

You need to log into your account to access the form, then fill it, submit and wait for them to approve after which you will then able to print it. It should be about 2 or 3 pages
Re: How Much Do I Need To Register A Business Name With CAC? by Nchenches: 11:18am On Sep 01, 2020
Kobicove:


No you don't need to go to Abuja, you can start and complete the process yourself...just go to CAC website and register with your email address...

www.services.CAC.gov.ng

After that you submit 2 names and pay a search fee of about 700Naira

If the names are approved you can then commence the registration process.

All payments are made online

Make sure you save copies of all online receipts you receive

Items you need:
Valid means of identification

An operational email account

A passport photograph

A certificate of competence in the field of area of the type of business you want to register

Your debit card with at least 11K for making payments

You also need access to a scanner cos there is a form you will fill online then later you print it then scan and upload after you have affixed your passport photograph and appended your signature

The whole process can be completed in about 1 week assuming you do everything properly and do not get a query.

NB- When filling the forms there is a section that asks if you need extra copies of certificates and documents, leave this blank. If you request for an extra certificate your fee will be higher.

After scanning the documents you want to upload make sure you name them appropriately so the CAC official who will process your application will not have difficulty identifying them

If you are based in Lagos I will recommend that you select Alausa as your preferred point of collection for your certificate of business name registration

Bolded:
The web address does not exist.
Re: How Much Do I Need To Register A Business Name With CAC? by Kobicove(m): 11:19am On Sep 01, 2020
DaCharis2016:


I had applied and made payment for move since last year, haven't uploaded the filled copies.

What's my situation like now?

I'm not sure you can proceed unless you upload the forms
Re: How Much Do I Need To Register A Business Name With CAC? by superability(m): 11:19am On Sep 01, 2020
Kobicove:


A certificate of competency essentially means your educational or professional certificate...your Bsc certificate or any other certificates you have will do, just try and make sure that it is relevant to the business you want to run

What if the Bsc certificate is not relevant to it
Re: How Much Do I Need To Register A Business Name With CAC? by sidonlook: 11:20am On Sep 01, 2020
Kobicove:


A certificate of competency essentially means your educational or professional certificate...your Bsc certificate or any other certificates you have will do, just try and make sure that it is relevant to the business you want to run

B Ed. Geography.

(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (Reply)

Ebeano Supermarket Opens In Canada / Photos: Billionaire Femi Otedola Kisses His Mother On The Lips During Visit / Dangote Chimamanda Adichie, Davido, Adeboye Most Influential Africans In World

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 68
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.